RBI sweetens FCNR (B) route for banks
- Posted on June 22, 2026
- By Financial Express
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- 1 min read
RBI sweetens FCNR (B) route for banks
The RBI enhances the FCNR(B) deposit scheme by allowing unlimited leverage and overseas lending to NRIs, aiming to boost dollar inflows and support the rupee with attractive interest rates.
